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Saylor pitches Bitcoin to Microsoft, Asks to Invest $100B

Saylor pitches Bitcoin to Microsoft, Asks to Invest $100B

CryptotimesCryptotimes2024/12/02 17:33
By:Dishita MalvaniaGopal Solanky

According to Saylor, this strategy could generate trillions in enterprise value while mitigating risks for shareholders.

Michael Saylor, the Bitcoin enthusiast chair of MicroStrategy, recently made a bold pitch to Microsoft’s board of directors. In a whirlwind three-minute presentation backed by 44 slides, Saylor claimed that adopting Bitcoin could propel Microsoft’s market cap by nearly $5 trillion, adding hundreds of dollars to its stock price.

Saylor’s proposal, unveiled in a video shared on December 1, urged Microsoft to redirect its financial resources—including cash flows, dividends, stock buybacks, and debt—into Bitcoin. He asserted , “Microsoft can’t afford to miss the next technology wave and Bitcoin is that wave.”

According to Saylor, this strategy could generate trillions in enterprise value while mitigating risks for shareholders.

His presentation projected that if Microsoft committed to Bitcoin and the cryptocurrency reached $1.7 million per coin by 2034, the company’s value would skyrocket. Currently, Microsoft boasts a $3.18 trillion market cap, trailing only Apple and Nvidia.

Bitcoin’s meteoric rise this year—surging 120% to nearly $100,000—has fueled similar optimism. MicroStrategy, which has accumulated 386,700 BTC since 2020, has seen its Bitcoin holdings swell to $37.6 billion, driving its stock up over 600% in 2024.

Highlighting global momentum, Saylor pointed to Bitcoin-friendly policies from U.S. leaders and emerging national Bitcoin reserve initiatives in Brazil and Texas. He ended with a call to action: “It’s time for Microsoft to evaluate its Bitcoin strategic options. Do the right thing for the world and adopt Bitcoin.”

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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